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South Africa

Godongwana, Yellen conclude successful bilateral meeting

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Finance Minister Enoch Godongwana has expressed gratitude for the United States’ commitment to South Africa’s energy transition, saying it comes at a critical stage when the country is facing grinding energy shortages.

Repo rate hiked to 7.25%

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The repurchase rate (repo rate) in South Africa reached 7.25% after the SA Reserve Bank’s (SARB) Monetary Policy Committee (MPC) agreed to a 25 basis points hike.

SA sets up new frontier against prostate cancer

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The fight against prostate cancer, which is one of the top five cancers reported among men in South Africa, is being given another boost through the construction of a new state-of-art facility at Steve Biko Academic Hospital (SBAH) in Pretoria.

Bilateral set to cement SA-US relations

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Anti-money laundering, climate financing and sovereign debt resolution in Africa are expected to top the agenda when Finance Minister, Enoch Godongwana, engages United States Secretary of Treasury, Janet Yellen, during a bilateral meeting on Thursday.

SA urges global community to invest in the country

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South Africa’s delegation at the recently concluded Annual World Economic Forum (WEF) meeting in Davos, Switzerland, affirmed that the country is open to investment, and ready to partner with the local and global community to place the country’s economy on a higher, jobs-rich and more sustainable growth path.

WHO rewards SA for its malaria elimination efforts

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South Africa is among the countries that received global awards from the World Health Organisation (WHO) for their efforts to achieve an important milestone towards malaria elimination.

DWS tightens hand on officials’ misconduct

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The Department of Water and Sanitation (DWS) has reiterated its commitment to root out fraud and corruption, which often stems from gross misconduct by officials who have no respect for good government principles and conduct.

US, SA task team to combat financing of wildlife trafficking

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As part of her meeting with South African officials, U.S. Secretary of the Treasury, Janet Yellen, has announced a commitment between the U.S. Department of the Treasury and South Africa’s National Treasury to form a United States–South Africa Task Force on Combating the Financing of Wildlife Trafficking.

UIF payments campaign moves to Umgungundlovu District

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The Unemployment Insurance Fund’s (UIF) campaign of paying former Teaching and General Assistants is currently proceeding to the uMgungundlovu District in KwaZulu-Natal after disbursing R25.1 million in the Zululand District.